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Quebecor said it expects annual savings of $45 million from a new operational and management approach at its newspaper publishing arm. As part of the restructuring, Sun Media has closed two Ontario-based publishing facilities and cut 500 jobs.
Quebecor profit drops, announces 500 job cuts at Sun Media

Canadian media group Quebecor (TSX:QBR.B) Tuesday posted a 29 per cent drop in profits as it took a goodwill impairment...